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NEW QUESTION: 1

A. Option B
B. Option A
C. Option D
D. Option E
E. Option C
Answer: A,D

NEW QUESTION: 2
Which of the following statements about access lists are true? (Choose three.)
A. Standard access lists should be placed as near as possible to the source
B. Standard access lists filter on the source address
C. Extended access lists should be placed as near as possible to the source
D. Extended access lists should be placed as near as possible to the destination
E. Standard access lists should be placed as near as possible to the destination
F. Standard access lists filter on the destination address
Answer: B,C,E
Explanation:
Explanation/Reference:
Explanation:
Standard ACLs
A standard IP ACL is simple; it filters based on source address only. You can filter a source network or a
source host, but you cannot filter based on the destination of a packet, the particular protocol being used
such as the Transmission Control Protocol (TCP) or the User Datagram Protocol (UDP), or on the port
number. You can permit or deny only source traffic.
Extended ACLs:
An extended ACL gives you much more power than just a standard ACL. Extended IP ACLs check both
the source and destination packet addresses. They can also check for specific protocols, port numbers,
and other parameters, which allow administrators more flexibility and control.
Named ACLs
One of the disadvantages of using IP standard and IP extended ACLs is that you reference them by
number, which is not too descriptive of its use. With a named ACL, this is not the case because you can
name your ACL with a descriptive name. The ACL named DenyMike is a lot more meaningful than an ACL
simply numbered 1. There are both IP standard and IP extended named ACLs.
Another advantage to named ACLs is that they allow you to remove individual lines out of an ACL. With
numbered ACLs, you cannot delete individual statements. Instead, you will need to delete your existing
access list and re-create the entire list.
Reference: http://computernetworkingnotes.com/network-security-access-lists-standards-and-extended/
access-control-list.html

NEW QUESTION: 3
In January, a bank buys a basket of mortgages with a view to securitize them by April. Due to an unexpected lack of investors in the securitization market, it is unable to do so and is left with the exposure to the mortgages on its books. This is an example of:
A. Market risk
B. Pipeline and warehousing risk
C. Wrong-way risk
D. Basis risk
Answer: B
Explanation:
Explanation
This is an example of pipeline and warehousing risk. Generally there is a lag between acquiring assets and securitizing them due to the legal work to be done, the work to be done by the ratings agencies and in finding investors. During this period, the bank is exposed to the underlying assets purchased, and this is the 'pipeline and warehousing' risk as these assets are in the pipeline and warehoused for intended subsequent sale.
Generally this period tends to be short. However, during the credit crisis this became a significant source of risk as many banks were left exposed to risk they had intended to get rid of, but could not do so as the market dried up. The other choices are all incorrect.
Note that pipeline and warehousing risk is also known as 'securitzation risk'. It means that funding from securitization cannot be relied upon as a matter of fact.